America21 - Inclusive Competitiveness


Published on

Inclusive Competitiveness is an unprecedented economic vision for America in the 21st century.

Published in: Technology, Business
1 Like
  • Be the first to comment

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

America21 - Inclusive Competitiveness

  1. 1. Changing the Economic Narrative • Promoting Inclusive Competitiveness • Connecting the Economically Disconnected Inclusive Competitiveness 21st Century Solutions to Avoid Economic Apartheid in America ©2013 America21 The America21 Project ▪ Mike Green ▪ 541.730.2164 ▪
  2. 2. Changing the Economic Narrative • Promoting Inclusive Competitiveness • Connecting the Economically DisconnectedNational Problem: The global economic competitiveness of the United States is trendingdownward and lacks a cohesive and inclusive national vision to reverse this worsening course.The U.S. is currently ranked No. 7 in global competitiveness according to The World EconomicForums 2012-13 Global Competitiveness Index. In 2009, the U.S. was No. 1.Stabilizing the economy under the Obama Administration was an essential first step towardputting the brakes on a competitiveness skid that was in full tailspin by the end of 2008.During this period of economic recovery, the nation has yet to articulate an economic visionthat includes the growing racial minority sectors, which have historically been excluded fromAmericas economic competitiveness team. Out of all the nations top economies, the UnitedStates has the most multicultural societal landscape. Unfortunately, the makeup of thepopulation is not reflected in the landscape of economic competitiveness. Minus an inclusivecompetitiveness vision, America is in danger of disappearing from the list of the top 10competitive countries before President Obama leaves office. 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 1 USA Switzerland Switzerland Switzerland Switzerland 2 Switzerland USA Sweden Singapore Singapore 3 Denmark Singapore Singapore Sweden Finland 4 Sweden Sweden USA Finland Sweden 5 Singapore Denmark Germany USA Netherlands 6 Finland Finland Japan Germany Germany 7 Germany Germany Finland Netherlands USA 8 Netherlands Japan Netherlands Denmark UK 9 Japan Canada Denmark Japan Hong Kong 10 Canada Netherlands Canada UK Japan Source: World Economic Forum Global Competitiveness Index Inclusive Competitiveness National Economic Review Measuring and improving the performance of diverse populations in the nation’s local innovation ecosystems, clusters and emerging industry sectorsCensus data reveal shifting national racial demographics trending toward a mid-centurytimetable in which the fast-growing non-white minority population will become the majority.The positive and negative economic ramifications of this shift are indicated in the currentdisconnect of Black and Hispanic entrepreneurship, which has a strong healthy growth curveyet fails to produce any movement of the needle in business revenue, accounting for less than3.5% of U.S. GDP and employing less than 1% of U.S. adults (Sources: Census, BLS, BEA). The America21 Project ▪ Mike Green ▪ 541.730.2164 ▪
  3. 3. Changing the Economic Narrative • Promoting Inclusive Competitiveness • Connecting the Economically DisconnectedData in every NADO region reveal looming economic apartheid conditions that undermine theoverall capacity of the economic competitiveness of the nation. City *Population % *Business Ownership % (est) Local GDP % Black White Black White Black White Detroit, Michigan 83 11 64 31 1 98 Jackson, Mississippi** 80 18 45 53 1 98 Birmingham, Alabama 73 22 38 58 1 98 Memphis, Tennessee 63 29 38 57 1 98 Atlanta, Georgia 54 38 31 62 1 98 Cleveland, Ohio 53 37 26 68 1 98 *Source: US Census | **Census plus local GDP data from Jackson Business Accelerator | GDP data for other regions estimated)Canary in Coal Mine Data: On a national scale, Black-owned businesses represent 7% of theAmerican business landscape (greater than half of the 13% Black representation in the totalpopulation) yet produce less than 1% of total U.S. GDP and employ less than 0.5% of U.S.adults. About 1.8 million of the total 1.9 million Black-owned businesses are sole proprietors.Black entrepreneurship spiked an unprecedented 60% from 2002-2007, morethan three times the national average during the same period. The relevance ofthis public information is overlooked by media and remains relatively unknown.The primary problem is that minority communities lack a 21st century Nationwide, 1.9economic narrative and minority entrepreneurs typically lack generational million Black-knowledge, sufficient resources and understanding of the 21st century owned businessesknowledge-based, tech-driven global innovation economy to have significant produce less thaneconomic impact. (Data Sources: Census, BLS, BEA) 1% GDP.National Trend: Economic trends suggest widespread apathy, ignoranceand a lethargic approach to engaging regional economic development leaders and assistingthem with the investment of resources to build infrastructure, pipelines and processes thatbridge economically disconnected sectors to local innovation ecosystems.Note: The connection of economically disconnected communities to local innovationecosystems are prerequisite conditions that must exist to establish an InclusiveCompetitiveness framework that boosts the overall economic competitiveness of regionaleconomies.National Economic Imperative: America cannot reverse its downward trajectory in globaleconomic competitiveness rankings without an intervention strategy to invest in thedevelopment of inclusive local innovation ecosystems within healthy, competitive economicframeworks. The rapidly shifting racial demographics require a sense of urgency in recognizingthat Inclusive Competitiveness is a national economic imperative through new policy,investment and collaborative action locally, regionally and nationally. The America21 Project ▪ Mike Green ▪ 541.730.2164 ▪
  4. 4. Changing the Economic Narrative • Promoting Inclusive Competitiveness • Connecting the Economically DisconnectedChallenge: Incumbent approaches to Black and Hispanic economic inclusion are largelydesigned to retain existing economic value in communities for longer periods, circulating andspreading its impact to more people throughout a region. The critically important matters ofaccessing and participating in existing economic value chains, primarily through supplierdiversity initiatives, is necessary, but alone is insufficient to increase a region’s economiccompetitiveness.Opportunity: On the other hand, the new thrust to connect Blacks and Hispanics to localinnovation ecosystems is focused on providing much needed, complementary leadership tocreate new economic value and grow new opportunities. This new leadership is designed tocultivate a more robust pipeline of talent and new, job-creating, high-growth enterprises.Creating new economic value is the opportunity of the 21st century. Capitalizing upon shiftingand growing minority racial demographics by fostering Inclusive Competitiveness frameworksthat deliver new economic value establishes an emerging landscape of growing regional andnational economic competitiveness.Solution: Invest in scaling up The America21 Projects (America21) vision, leadership,programs and initiatives to help local innovation ecosystems become inclusive and produceexponential economic impact.America21 is the nations leading voice on Inclusive CompetitivenessTM andPipeline2ProductivityTM processes for local innovation ecosystems.Across the landscape of laudable economic frameworks and ideals, America21 envisions aunique cohesive inclusive national economic vision that bridges political divides whilepromoting national, state and local collaboration through local investment channels, STEAMeducation pipelines and measurable outcome-based economic processes. This work is alreadygaining support and traction across America from the White House to Silicon Valley.Its time for a national discussion on Inclusive Competitiveness for a 21st century America. Johnathan Mike Chad Holifield Esq. Green Womack, Ph.D. FOUNDERS The America21 Project Est. January 2011 See bios of America21s founders at The America21 Project ▪ Mike Green ▪ 541.730.2164 ▪